If your intent was to hold onto the property and a bear moved in next door (True Story) or maybe you receive an unsolicited offer you couldn't refuse, so you decide to sell.

. - Single family home in a community reinvestment act, therefore only require 3% down, get 1% of rate, and receive $6,000 towards closing costs. - Two single family homes in a community reinvestment act, therefore only require 3% down, get 1% of rate, and receive $6,000 towards closing costs.In order to receive these extremely low down payments, i would have to technically live in the residence for a few months as they do not offer these for investment properties. 

Many of those on this board who call themselves lenders are really affiliates.So long it’s done legally in your state, there is nothing wrong with being an affiliate and receiving a fee. 

Each case/scenario could be slightly different so the advice received here on BP may not be 100% accurate for each specific condition.

So you can buy with tenants and receive the list of tenants with their lease agreements but they are not paying tenants.

My question is this.....when does one actually receive the boot money minus the taxes owed for cap gain?  

As hard as it was, I've seen the payoff after 9 months of staying committed—our business is growing, and our clients are receiving even better service.

In order to bid remotely you would need to wire the funds to Auction.com's Escrow Office, and they have to be received by them prior to you being allowed to bid on homes.  

The feedback I received when considering buying it was that the empty lots on either side was a plus as there's lots of new construction in the area and the value would go up once new homes are built around it.

I was a commercial real estate broker at the time and we were getting all these offers based on “creative” financing; whereby the seller ended up receiving a dubious note instead of cash for his equity.